JERICO
ActiveSummary
JERICO has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€55,513. Equity has been growing by about 3.6% per year since 2019. Its solvency ranks better than 95% of 9,845 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-08-1993 Normal situation
- Activity
- Wholesale trade NACE 46630and 1 other
- Establishment unit
- 2.064.064.087 3680 Maaseik, since 21-10-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 05-11-2025
Board and ownership
- KNEVELS Jean PierreDirector · until 2025
- Holdings
- Shares in 1 company Martens Traktor
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- -€57,048
- ▲ 60.1%
- Loss
- €55,513
- Equity
- €1.4m
- ▼ 3.9%
- Total assets
- €1.4m
- ▼ 4.8%
Score breakdownraises riskLoss of €55,513 (financial year 2025)lowers riskSize: total assets €1.4mFounded in 1993Equity €1.4m (97.1% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 72% on liquidity, 19% on profitability and 33% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 43 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 24-06-2026 at the NBB all 31 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a loss of €66,313, smaller than the loss of €149,935 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €6,001 | - | €72,245 | - |
| Depreciation and write-downs of the year | €4,162 | €3,168 | €5,251 | €3,606 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1.5m | €0 | - | €0.002m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.001m | €438 | €0.001m | €0.004m | €0.003m | €0.005m | €0.004m | ▼ 31.3% |
| Other operating charges640/8 | - | - | - | €0.03m | €0.002m | €0.002m | €0.003m | ▲ 63.8% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €0.003m | - |
| Gross operating margin9900 | €0.02m | €0.03m | €0.03m | €1.5m | €0.002m | -€0.1m | -€0.06m | ▲ 60.1% |
| Operating profit (loss)9901 | €0.01m | €0.01m | €0.007m | €1.5m | -€0.003m | -€0.1m | -€0.07m | ▲ 55.8% |
| Financial income75/76B | - | - | - | - | - | €0.5m | €0.01m | ▼ 97.7% |
| Recurring financial income75 | - | - | - | - | - | €0.001m | €0.01m | ▲ 761% |
| Non-recurring financial income76B | - | - | - | - | - | €0.5m | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €0.008m | €0.001m | €418 | €0.002m | ▲ 301% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.02m | €0.008m | €0.001m | €418 | €0.002m | ▲ 301% |
| Profit (loss) for the period before taxes9903 | -€0.01m | -€0.01m | -€0.01m | €1.5m | -€0.004m | €0.4m | -€0.06m | - |
| Income taxes67/77 | €195 | €71 | €131 | €0.5m | -€0.002m | €0.04m | €87 | ▼ 99.8% |
| Profit (loss) for the period9904 | -€0.01m | -€0.01m | -€0.01m | €1.0m | -€0.002m | €0.3m | -€0.06m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.01m | -€0.01m | -€0.01m | €1.0m | -€0.002m | €0.3m | -€0.06m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.0m | €1.8m | €1.5m | €1.2m | €1.1m | €1.5m | €1.4m | ▼ 4.8% |
| Fixed assets21/28 | €0.9m | €0.9m | €0.9m | €0.7m | €0.7m | €0.07m | €0.07m | ▼ 8.6% |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.3m | €0.01m | €0.008m | €0.07m | €0.07m | ▼ 8.6% |
| Plant, machinery and equipment23 | - | - | - | €0.005m | €0.004m | €0.005m | €0.001m | ▼ 77.0% |
| Furniture and vehicles24 | - | - | - | €0.006m | €0.004m | €0.07m | €0.07m | ▼ 3.5% |
| Other tangible fixed assets26 | - | - | - | €0 | - | - | - | - |
| Financial fixed assets28 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0 | - | - |
| Current assets29/58 | €1.0m | €0.9m | €0.5m | €0.5m | €0.4m | €1.4m | €1.3m | ▼ 4.6% |
| Stocks and contracts in progress3 | €0.1m | €0.2m | €0.1m | €0.1m | €0.1m | €0.2m | €0.08m | ▼ 47.6% |
| Stocks30/36 | - | - | - | €0.1m | €0.1m | €0.2m | €0.08m | ▼ 47.6% |
| Amounts receivable within one year40/41 | €0.5m | €0.4m | €0.2m | €0.2m | €0.2m | €0.04m | €0.07m | ▲ 57.2% |
| Trade receivables40 | - | - | - | €0.04m | €0.01m | €0.02m | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.2m | €0.02m | €0.07m | ▲ 179% |
| Current investments50/53 | - | - | - | - | - | - | €1.0m | - |
| Cash at bank and in hand54/58 | €0.2m | €0.2m | €0.2m | €0.2m | €0.08m | €1.2m | €0.2m | ▼ 85.1% |
| Deferred charges and accrued income490/1 | - | - | - | €412 | €0.002m | €0.004m | €0.001m | ▼ 67.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.0m | €1.8m | €1.5m | €1.2m | €1.1m | €1.5m | €1.4m | ▼ 4.8% |
| Equity10/15 | €1.0m | €1.0m | €1.0m | €1.1m | €1.1m | €1.4m | €1.4m | ▼ 3.9% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.02m | €0.02m | €0.02m | €1.0m | €1.0m | €1.3m | €1.3m | = |
| Non-distributable reserves130/1 | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Legal reserve130 | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Distributable reserves133 | - | - | - | €1.0m | €1.0m | €1.3m | €1.3m | = |
| Profit (loss) carried forward14 | -€0.01m | -€0.02m | -€0.03m | €0 | -€0.002m | €0 | -€0.06m | - |
| Amounts payable17/49 | €0.9m | €0.8m | €0.4m | €0.1m | €0.01m | €0.05m | €0.04m | ▼ 26.0% |
| Amounts payable after more than one year17 | €0.08m | €0 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.8m | €0.8m | €0.4m | €0.1m | €0.01m | €0.05m | €0.04m | ▼ 26.0% |
| Financial debts43 | - | - | - | €0 | - | - | €39 | - |
| Credit institutions430/8 | - | - | - | €0 | - | - | €39 | - |
| Trade debts44 | €0.006m | €0.006m | €0.002m | €0.003m | €0.003m | €0.002m | €132 | ▼ 93.9% |
| Suppliers440/4 | - | - | - | €0.003m | €0.003m | €0.002m | €132 | ▼ 93.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.006m | €0.05m | €0.04m | ▼ 23.3% |
| Taxes450/3 | - | - | - | €0.1m | €0.006m | €0.05m | €0.04m | ▼ 23.3% |
| Remuneration and social security454/9 | - | - | - | €0 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.004m | €0.001m | €0 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.01m | -€0.01m | -€0.01m | €1.0m | -€0.002m | €0.3m | -€0.06m | - |
| + Depreciation and write-downs630 | €0.001m | €438 | €0.001m | €0.004m | €0.003m | €0.005m | €0.004m | ▼ 31.3% |
| Operating cash flow (approximation) | -€0.009m | -€0.01m | -€0.009m | €1.0m | €0.001m | €0.4m | -€0.05m | - |
| Investment in fixed assets (approximation) | - | €0.02m | -€0.01m | €0.3m | €0 | €0.6m | €0.003m | ▼ 99.5% |
| Change in cash | - | €0.001m | -€0.008m | €0.05m | -€0.1m | €1.1m | -€1.0m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 8,617 companies had the same profile as JERICO has now. Two years later, 0.4% had gone bankrupt and 94.1% were still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of JERICO itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for JERICO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 24-06-2026 | 2026-00196802 | |
| 31-12-2024 | micro format | 26-05-2025 | 2025-00105369 | |
| 31-12-2023 | abbreviated format | 06-06-2024 | 2024-00117021 | |
| 31-12-2022 | abbreviated format | 13-07-2023 | 2023-00237337 | |
| 30-06-2021 | abbreviated format | 21-12-2021 | 2021-81000479 | |
| 30-06-2020 | abbreviated format | 22-12-2020 | 2020-76600513 | |
| 30-06-2019 | abbreviated format | 17-12-2019 | 2019-76400245 | |
| 30-06-2018 | abbreviated format | 11-01-2019 | 2019-01200588 | |
| 30-06-2017 | abbreviated format | 22-12-2017 | 2017-73200407 | |
| 30-06-2016 | abbreviated format | 14-12-2016 | 2016-70600146 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 21-02-2023 Capital reduction of €972,000 · to €62,000
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| KNEVELS Jean Pierre |
|
| KNEVELS Stephanie |
|
| NEIJENS Rita |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Natuurlijke of rechtspersonen, 3”
Articles of association, deed of 22-04-2022 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Martens TraktorsubsidiarySourceown accounts 2023Equity -€46,267 Loss of €564,515 in 2025 (loss of €373,589 in 2024) Checked score 5299.75%
Connections & network
See the function holders in the KBO register.
Timeline
Acts, filings and financial milestones
21-02
Gazette deed
Capital decrease of €972,000 to €62,000Amendment of the articles3 points ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Capital decrease, €972,000
- Amendment of the articles
22-04
Gazette deed
Resignations: KNEVELS Jean Pierre, NEIJENS Rita and KNEVELS StephanieAppointment: KNEVELS Jean Pierre (director) · Board rule · Amendment of the articles16 points ▸
- General meeting, 28-10-2020
- Board rule, “Tweede besluit, uitdrukkelijke beslissing van de algemene vergadering” (deed in Dutch)
- Other provision, “mogelijkheid tot uitkering van interimdividenden” (deed in Dutch)
- Other provision, “vervroegde onderwerping aan Wetboek van vennootschappen en verenigingen, datum bekendmaking akte” (deed in Dutch)
- Amendment of the articles
- Capital, €1,034,000
- General meeting, “coördinatie opmaken en ondertekenen overeenkomstig vorig besluit en neerlegging in vennootschapsdossier, ondergetekende notaris” (deed in Dutch)
- Director resignation, KNEVELS Jean Pierre (director)
- Director resignation, NEIJENS Rita (director)
- Director resignation, KNEVELS Stephanie (director)
- Director discharge, KNEVELS Jean Pierre
- Director discharge, NEIJENS Rita
- The act holds 4 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
7 activities
- De advisering in financiële,economische,sociale,organisatorische,technische en administratieve zaken,het waarnemen van alle bestuursopdrachten,het uitoefenen van mandaten en functies die rechtstreeks of onrechtstreeks met haar maatschappelijk doel verband houden.
- Zowel voor eigen rekening,voor rekening van derden,als in deelneming met derden,bij te dragen tot de vestiging en de ontwikkeling van ondernemingen,de oprichting en uitbreiding van ondernemingen door inbreng,participatie of investering,holdingmaatschappij.
- Het deelnemen aan emissieverrichtingen van aandelen en vastrentende waarden door intekening,waarborg,plaatsing,verhandeling of anderszins,alsmede het verwezenlijken van om het even welke verrichtingen inzake portefeuille of kapitaalsbestuur.
- Het verhuren of huren,de aan- en verkoop van onroerende en roerende goederen en portefeuilles en portefeuillewaarden.
- Het beheer in de ruimste zin van het woord van onroerende goederen,daaronder begrepen,de huur,verhuur,onderverhuur,de uitbetaling,de herstelling,de verbetering,het onderhoud,de verbouwing,de aankoop,de oprichting en iedere verwerving van onroerende goederen.
- Het beheer van roerende goederen,meer bepaald van aandelen,obligaties en allerhande roerende waarden,daaronder begrepen de aankoop,verkoop,arbitrage van dergelijke waarden.
- De fabricatie,aan- en verkoop,groot- en kleinhandel,in- en uitvoer van machines en voertuigen,de montage en de herstelling ervan,alsmede de handel in alle producten die daarmee verband houden.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72024C0880/00B000 | Flanders | 1,358 m² | 1 · 202 m² | 8.4 m · 2 |